“We’ve run out of big ideas,” the Wall Street Journal wails. The voice of Corporate America paints a bleak picture without offering any path forward. In this article, I will provide a simple formula for innovation, market leadership, sales and profits.
How to Select Country of First Patent Filing, Get Foreign Filing License, and Comply with Export Controls
Does your company have foreign competitors? Business is global, but each patent—a weapon for market advantage—is an armament of one nation. Treaties notwithstanding, the power of a patent usually stops at the border. In this article, I will discuss how to cover the globe with a minefield of
Fifty-eight years ago today, Kirk Godtfred of Lego filed his patent application on the basic building block, literally, of Lego’s billion dollar private fortune. Now, here’s the thing: A patent filed 58 years ago is long expired. The then-standard-17-year term ended in 1978. So how is it that Lego is still the only game in town?
Last week, I went to Washington and came back from China. In D.C., I attended the American Intellectual Property Law Association (AIPLA) Annual Meeting, where I met with lawyers and patent attorneys from the U.S., China, and other countries, and I have continued meetings with the Chinese even after returning to my offices in Chicago. […]
You own or run a niche business that makes value-added products. Yes, that still happens in America, the Number 2 manufacturing country in the world, according to a comprehensive new study by the Congressional Research Service. (Read further for details.) American manufacturers spend far more on R&D than any other country in the world. What’s more, […]
Greece and Turkey are in the news. I visited both countries in May. Both are pleasant. Of the two, Turkey seems to be the more serious candidate for new business investment and related patents and intellectual property (IP). Greece notoriously has defaulted on its debt and is in danger of exiting the European Union (EU). Economically, the nation is not a major […]
As I write these words, I am inspired and surrounded by original autographs of seven of America’s eight early presidents. Their signatures appear on 200-year old original patents displayed on the walls of my offices. See Beem Presidential Patent Collection. “If a country can be said to possess a soul, then America’s is the patent […]